In the Q2, Pacific Ventures Group Inc 's corporate clients experienced a deterioration by -18.95 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -3.67 %. During the corresponding time, Pacific Ventures Group Inc saw a revenue deteriorated by -34.7 % year on year, sequentially revenue fell by -10.6 %. While revenue at the Pacific Ventures Group Inc 's corporate clients fell by -13.65 % year on year, sequentially revenue grew by 0.15 %.
Customers of Pacific Ventures Group Inc saw their costs of revenue deteriorate by -18.95 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -3.67 %, for the same period Pacific Ventures Group Inc revnue deteriorated by -34.7 % year on year, sequentially revenue fell by -10.6 %.
Pacific Ventures Group Inc's Comment on Sales, Marketing and Customers
In order to scale distribution, SnöBar will partner with more food, beverage
and alcohol distributors. The SnöBar products are primarily sold through
direct sales forces to distributors. The product delivery will occur through frozen
distribution channels. Transportation of the product from the manufacturing facility
to customers will be handled by third parties contracted by IPIC. IPIC is utilizing
frozen warehouse facilities in Los Angeles and Phoenix, and accounts in Las Vegas
and Miami will be shipped directly to the distributor.
In addition, IPIC may sell the SnöBar products through joint ventures
with and global or regional duty free customers. IPIC may also sell the SnöBar
products through governmental liquor authorities in jurisdictions where aspects
of the purchase and distribution of products that contain alcohol are under
government control. Examples of such authorities are the eighteen "control"
states (and one county) in the United States and the Liquor Control Boards in
Canada.
Pacific Ventures Group Inc’s Comment on Sales, Marketing and Customers
In order to scale distribution, SnöBar will partner with more food, beverage
and alcohol distributors. The SnöBar products are primarily sold through
direct sales forces to distributors. The product delivery will occur through frozen
distribution channels. Transportation of the product from the manufacturing facility
to customers will be handled by third parties contracted by IPIC. IPIC is utilizing
frozen warehouse facilities in Los Angeles and Phoenix, and accounts in Las Vegas
and Miami will be shipped directly to the distributor.
In addition, IPIC may sell the SnöBar products through joint ventures
with and global or regional duty free customers. IPIC may also sell the SnöBar
products through governmental liquor authorities in jurisdictions where aspects
of the purchase and distribution of products that contain alcohol are under
government control. Examples of such authorities are the eighteen "control"
states (and one county) in the United States and the Liquor Control Boards in
Canada.
Sources:
Pacific Ventures Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Pacific Ventures Group Inc’s corporate clients.
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